Comcast is buying Time Warner.
Time Warner is buying NBCUniversal.
And CNN is buying CNNMoney.
The deal is expected to be finalized by the end of the year.
The combined company, which has a market value of $85 billion, will control the CNN network, as well as other digital properties, including YouTube, Netflix and CNN Originals.
CNNMoney is the first of three new digital channels, according to the press release.
It’s the first digital channel in the CNN family that CNNMoney will not own.CNNMoney is launching in late 2018 and will be available to consumers in English and Spanish.
The channel will be produced and produced in-house, CNNMoney CEO Jim Fowler said in a statement.CNN’s move to the digital platform is part of CNN’s strategy to evolve into a more mobile, media-savvy media company.
The network has launched apps, including CNN.com, which will allow users to search for news, sports, events and more, and CNN iNews, a platform that includes news, local news and videos.
The network also launched a new mobile app for iPhones and Android devices.
The app features live-streaming coverage of events, as the network’s reporters cover the news.